VeChain (ticker VET) is a large-cap digital asset focused on blockchain solutions for supply chains, IoT, and enterprise applications. Currently, its price is approximately $0.02362 per unit, with a very slight intraday variation, close to +0.02%.

Its market capitalization is around $2.04 billion with a circulating supply of about 85.99 billion coins, representing more than 99% of its maximum supply (~86.71 billion). The transaction volume in the last 24 hours exceeds $36–43 million, reflecting a slight increase of about 1–2% compared to previous days.

VeChain implements a dual token model: VET as a medium of value transfer and VTHO as “gas” to process transactions on its public blockchain VeChainThor, based on authority consensus (PoA). This generates predictable fees and avoids gas volatility.

Since April 2025, VeChain has been deploying its “VeChain Renaissance” initiative, with improvements in tokenomics (Hyabusa model), full compatibility with EVM, and a revised VTHO structure for greater efficiency. Additionally, in July 2025, it was highlighted by the firm Messari as a blockchain infrastructure with high potential for real adoption.

The platform maintains relevant business alliances (such as PwC, BMW, LVMH, and UFC), relying on auditing, traceability, and asset tokenization with RFID/NFC technology.

In summary, VET operates with a good level of liquidity and daily volume and is experiencing technical and structural growth, which makes it a notable institutional option within the blockchain ecosystem.#Binance